If you need more information about staking, read this article.
✅ Now you should earn passive income in $MYTV.
Providing liquidity on Decentralized Exchange (DEX) is the process of depositing two assets into a pool.
It allows swapping from one asset to another without a centralized intermediary. Make sure to read more about Impermanent Loss to minimize your risks before going further into farming.
As you have read above, users generally pay a fee to buy and sell from these liquidity pools. These transaction fees are added to pool assets, resulting in a pro-rata distribution to LP shareholders.
Participating in the providing liquidity process requires to:
Liquidity pools are linked to a smart contract you need to “enable” before adding anything.
✅ Now you should earn passive income in $MYTV.
MyTVchain is a platform where fans, clubs, and athletes interact with each other directly, participating in live telecasts, challenges, giveaways and a suite of Defi services backed by a platform utility token and an NFT marketplace.
Its ‘Fan2Earn’ model prioritises sports enthusiasts to back their favourites directly while earning rewards from their success.